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Posted On

25
November
2021

Govt, with support of EBRD, plans to create high quality stock market infrastructure inn two years – Shmyhal

KYIV. Nov 25 (Interfax-Ukraine) – A high quality stock market infrastructure will be created in Ukraine over the next two years with the support of the European Bank for Reconstruction and Development (EBRD), Prime Minister Denys Shmyhal said following a meeting with EBRD Vice President for Banking Alain Pilloux and EBRD Vice President for Policy and Partnerships Mark Bowman.

"We are interested in investments and in strengthening the banking sector. Today we see and understand the demand of business for an affordable and high quality credit financial resource. The government will pay special attention to this issue," Shmyhal said.

The prime minister also thanked the EBRD for its support in starting a project to create stock market infrastructure in Ukraine.

"Today there is a roadmap for the development of the capital market in Ukraine. And every day we are consistently moving in this direction. We expect to create an appropriate high quality infrastructure over the next two years," Shmyhal emphasized.

The parties also discussed the continuation of cooperation in the field of infrastructure using the concession mechanism. In this regard, the prime minister noted that the first project of a concession autobahn is being prepared for implementation in Ukraine.

In turn, the representatives of the EBRD during the meeting noted the progress of Ukraine in the implementation of the judicial system reform, the fight against corruption and strengthening the independence of the NBU.

"The EBRD noted that the bank plans to continue investing in Ukraine, continue cooperation on existing projects and join the implementation of new areas of cooperation," the report says.